Stock watch: HBL Power nearly triples in 6 months; defence, railway play driving gains
With a strong market presence and focus on R&D and government partnerships, HBL has plenty of growth opportunities, say analysts
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With a strong market presence and focus on R&D and government partnerships, HBL has plenty of growth opportunities, say analysts
For Thursday, share market analysts at different brokerages have assigned 'Buy' calls on Motilal Oswal Financial Services, ITC, RBL Bank and HBL Power. Check share price targets, investment rationale, technical analysis and other crucial details.
Nifty inched higher to levels just below 19600, while Sensex added 232 points and closed at 65,953. Sectorally, healthcare and IT indices led the gains
In the recent rally (from the bottom) of March 2023 till date, the major contributors were automobile and banking counters, and considering the technical setup, there is still some steam left for a further upside which also confirms our bullishness in these sectors.
Recent developments have sparked optimism among investors, as the government focuses on prioritizing safety measures and the deployment of the Kavach system.